What was maccarones fully diluted earnings per share

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Maccarone Incorporated had earnings of $1,500,000 last year. On average, 1 million shares were outstanding during the year. Had all holders of the company=s options exchanged them for stock at the beginning of the year, there would have been 1,250,000 shares outstanding on average. What was Maccarone=s fully diluted earnings per share (EPS) last year?

Reference no: EM131185141

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